Great Bear Resources Ltd. GTBAF

So what's it going to take to get the stock back to $ 20

[Goaweigh]

where it belongs ? It's a problem when you tell your audience that you won't have anything meaningful to report until year end. Investors can't wait a few weeks between assays without selling a stock down so how could they possibly wait a year without selling it down.
This is why I was hoping we might put out something on just a portion of the deposit, sooner than later. Not in stone just a prelim on a section by section basis. Like 250 meters X 400 meters deep.
Call it a creeping resource model if you want.
We are in the process of proving up a resource along 2500 meters of strike.
And we need something like 8,000,000 Oz. to satisfy the market.
2500 strike X 100 wide X 400 deep x 2.5 gravity x 1 gram and you get 8,000,000 Oz. exactly.
That gets us to our goal of proving a tier one asset and justifys a price of between $ 30 to $ 40.
So why not start building that value incrementally. 
By producing Oz.'s in sections of 250 meters. Or as we've done so much drilling already maybe 3 or 4 sections now and add as we go along. I might be wrong but I think putting out a number like 2,000,000 + Oz. that is obviously economic and showing that it only occupys 20 to 25 % of strike will put a floor under the stock and as we add more blocks of 250 meters and add Oz.s  the stock price should rise. In theory.
The current methology is to put out one large # at the end and hope the market reacts by doubling or tripling the stock price overnight and maybe starting a bidding war.
Don't know if that's likely either.
But I do think we have to do something to get the stock moving up, we need to start climbing the staircase instead of being stuck on the landing.
In cruder terms it's like going to see the strippers, when they had strippers, you don't want the chick to come out buck naked take a bow and leave. No you want her to take off her gloves, steel toed boots, socks, suspenders, wig, etc, you want the show for goodness sake. 
I've been sitting here for 2 years and I just want to see a bit of ankle, is that asking too much ?

[IvanHoe86]

Nice take, I think you make a lot of sense with the incremental approach with today's knee jerk investing mentality and "What have you done for me lately?" Portfolio strategy. Only thing I would say (which I learned on here funny enough), is Patience is a virtue. If Chris and the team are in the know of the scope and size of the resource may be playing 3D chess here. Why?: if the

[Fredo51545]

If this deposit is only 1g/t, the stock has very little if any upside. Mining  and milling cost would be astronomical.

[Goaweigh]

We lose money on a per ton basis but make it up on volume. !

[Iveybiz79]

Yeah Malartic never made any money with their low cut off lol Good thing Dixie is the love child of a Malartic and Hemlo. Dixie is going to be bigger and more profitable than both imho.

[goldbuz]

I think your idea has a lot going for it, but  we are still in the early stages of exploration. The share price at this point, has us valued at  3 or 4 mil.oz.. I’m sure any of the prospective buyers have their bean counters following this really close, and know exactly what they’re looking at. They are probably waiting for some deep drill results before they jump in with both feet. They

[Goaweigh]

This post has been removed in accordance with Community Policy

[lechmeir]

Fredo writes - If this deposit is only 1g/t, the stock has very little if any upside. Mining and milling cost would be astronomical. Aren't there lots of open pit projects with that low a grade?

[lumpy13]

open pit mines with oxide ores can be profitable at 0.5g/t.   Agree that waiting until yearend for resource numbers means the stock price will trade narrowly.